Kessler Investment Group LLC Has $68,000 Stock Holdings in Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM)

Kessler Investment Group LLC trimmed its holdings in Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) by 33.4% in the 4th quarter, Holdings Channel reports. The fund owned 925 shares of the company’s stock after selling 463 shares during the quarter. Kessler Investment Group LLC’s holdings in Invesco S&P SmallCap Materials ETF were worth $68,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Gladstone Institutional Advisory LLC boosted its position in shares of Invesco S&P SmallCap Materials ETF by 4.8% in the third quarter. Gladstone Institutional Advisory LLC now owns 3,344 shares of the company’s stock valued at $269,000 after acquiring an additional 152 shares during the period.

Invesco S&P SmallCap Materials ETF Trading Down 1.9 %

PSCM opened at $74.01 on Friday. Invesco S&P SmallCap Materials ETF has a 1-year low of $70.41 and a 1-year high of $86.48. The stock has a market capitalization of $17.02 million, a price-to-earnings ratio of 14.55 and a beta of 1.29. The business has a 50 day moving average of $75.27 and a 200-day moving average of $77.52.

Invesco S&P SmallCap Materials ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.1697 dividend. The ex-dividend date was Monday, December 23rd.

About Invesco S&P SmallCap Materials ETF

PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.